Day One of the Sprint/T-Mobile trial got off to a quick start as U.S. District Judge Victor Marrero told both sides (the companies trying to merge, and the coalition of states trying to stop them) to skip opening arguments and proceed quickly to witnesses.
Amazon (NASDAQ:AMZN) claims the Department of Defense failed to fairly judge its bid for the $10B JEDI cloud contract because Pres. Trump was biased against the company and “perceived political enemy” Jeff Bezos.
Microsoft (NASDAQ:MSFT) has prevailed over Amazon.com (NASDAQ:AMZN) in the winner-take-all battle for the Pentagon’s JEDI cloud computing contract.
Stocks drifted lower to close at session lows and snap a three-day winning streak, amid no reported progress on U.S.-China trade talks ahead of the Dec. 15 tariffs.